Deepinder Goyal’s wearable expertise startup Temple has launched a liquidity programme permitting some early employees to promote a part of their vested inventory choices, in accordance with a Moneycontrol report.

Round 20 of the startup’s estimated 200 to 220 workers are eligible to promote as much as 25% of their vested worker inventory choices (ESOP), the publication stated.

Participation within the programme is non-compulsory.

The transaction locations a worth of $375 million on Temple, virtually double the roughly $190 million post-money valuation hooked up to its seed funding spherical introduced in February 2026.

The startup raised $54 million in that spherical from traders together with Steadview Capital, Peak XV Companions, Dharana Capital, Information Edge and NKSquared, the household workplace of Zerodha co-founder Nikhil Kamath.

In line with the report, the interior memo referred to curiosity from outdoors traders at a valuation of $500 million as Temple thought of one other funding spherical.

“Earlier than we shut our subsequent spherical, I need a few of this worth to succeed in the individuals who created it,” founder Deepinder Goyal was quoted as saying.

The memo has not been made public, and Temple has not revealed particulars of the worker liquidity programme on its web site.

What’s Temple creating?

Temple is creating a light-weight wearable machine designed to be hooked up to the aspect of the brow.

The healthtech startup describes the product as a “precision instrument” that measures what it calls “Entropy”, a sign of the metabolic and sympathetic calls for being positioned on the physique.

These descriptions are claims made by Temple. It’s accepting registrations for early entry to the product.

In line with regulatory filings, Goyal was anticipated to carry about 28.6% of Temple following the completion of its seed funding spherical.

Steadview Capital was anticipated to personal about 5.3%, whereas Peak XV Companions was listed with a stake of about 3.2%.

The filings additionally confirmed that Temple had created an worker inventory possibility pool equal to 10% of its share capital. The dimensions of the pool doesn’t imply that each one of these choices have already been granted to or exercised by workers.

Goyal stepped down as group CEO of Eternal, the mum or dad firm of Zomato and Blinkit, with impact from 1 February 2026. He stays related to Everlasting as vice-chairman.